Remember when you bought your home? It was just perfect for the two of you. But now—with a couple of kids, some ever-shedding pets, or maybe an in-law living down the hall—that’s no longer the case. Whether you’re already bursting out of your house or about to expand your family, the time to move to a larger home might have arrived.
If it’s any consolation, you have plenty of company. In 2014, a record 60.6 million people, or 19% of the U.S. population, lived with multiple generations under one roof, a Pew Research Center analysis of U.S. Census data found. If you have older kids, you can’t even count on having an empty nest, now that the preferred living arrangement for 18- to 34-year-olds is with their parents (more than alone or with a roommate). And more than one-fifth of Americans older than 55 live in a multigenerational household, as well.